Tag: fossil fuel

IFC to invest ₹600 crore in M&M’s new last mile mobility company

IFC to invest ₹600 crore in M&M’s new last mile mobility company

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I The International Finance Corporation (IFC) has announced to invest ₹600 crore in a new last mile mobility (LMM) company ¬ a wholly owned subsidiary of Mahindra & Mahindra that will be newly incorporated (NewCo).  A gamechanger for microentrepreneurs in India, the funding is aimed at transforming the lives of micro entrepreneurs, operating electric three […]

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Europe plan for floating gas terminals raises climate fears

Europe plan for floating gas terminals raises climate fears

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As winter nears, European nations, desperate to replace the natural gas they once bought from Russia, have embraced a short-term fix: A series of roughly 20 floating terminals that would receive liquefied natural gas from other countries and convert it into heating fuel. Yet the plan, with the first floating terminals set to deliver natural […]

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